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can tweet us. we have 35, is already on facebook. and you can always e-mail us at urnal@cspan.org legislators step up for paid sick leave. some pretty 9% of private-sector workers are not entitled to paid time off when they fall ill according to the bureau of labor statistics. low-wage and part-time workers, particularly those who work at small firms or who work in restaurants, are among the least likely to get paid sixth time. to change that, democratic lawmakers and their allies in maryland, washington, and massachusetts, and cities including new york, philadelphia, and portland, or try to advance measures that would make a sixth time a legal requirement for most firms. in congress, senator tom harkin plans to reintroduce a federal paid sick leave bill this spring. some employers contend the measure has harmed workers with company wage and increase -- which by prompting cuts in wages or increases. we are asking you about the federal government and if there should be a federal mandate when it comes to paid sick days. here is how you can reach out to us, on our phone lin
of the u.s. capitol the sunday. the nation's governors continue their winter meeting on sunday. congress returns tomorrow with the senate. chuck hagel is expected to be the next defense secretary. a boat could happen early as tuesday. and those automatic budget cuts -- budget cuts begin to kick in. on the sunday, often during, 24, we will begin with the topic of health care. specifically, medicaid. is it a good idea? we want to get your thoughts on all of this. 202 is the area code. 585-3881 for the republicans. 202-585-3880 is our democratic line. you can also join us at facebook or send us an e-mail. a couple of issues dealing with health care and the elderly. a cover story, "increased -- a crisis in plain sight." and this cover story from time magazine called, "why medical billsa re killing us." and from "the new york times," -- there is the story of one of a number of republican governors -- he said ohio would reverse this decision if the government failed to cover all the cost of the expansion. here are some details for ohio -- last year the supreme court ruling that they have the a
. following the consequences of the drought last year, the president directed us to create a drought task force, made up of all federal agencies, to try to mitigate the impacts and effects of drought. that led us to begin thinking at usda about steps we can take to help producers during a difficult time. we took a series of steps to try to mitigate the consequences. we opened up crp land, and changed premium payments, things of that nation -- that nature. it also got us thinking -- were there other steps, other things we should be doing, to provide help and assistance? it occurred to us perhaps we should be focused more acutely on the need to encourage multi- cropping through the united states, in order for us to do a better job of conservation, to create biomass that could be a revenue source, and to potentially allow us to conserve precious water resources, which would in turn allow us to get through these drought circumstances in a more favorable circumstance. we have begun a process of looking at ways in which we could provide assistance. you will be fortunate to hear from a fellow by
shut for the chinese new year and large parts of the u.s. struggling with extreme weather. >> digging out from nemo, residents and u.s. businesses hope to resume to normal business after mother nature dumped nearly three feet of snow in some areas. >>> and ben affleck's iran hostage drama "argo" picks up the best film accolade. daniel day-lewis wins best actor. >>> we're up for another week. we might do what they did and share the love around. >> i read the reports. we're going to talk about it later. there was no one dominant film. >> i thought it was interesting that "argo" won best picture? it was a great movie, but best movie? really? is that the -- >> "lincoln" only got -- sometimes they're quite clued up. the nominations were very similar. do you think lincoln would do better than it did. >> daniel day-lewis picked up an award. help recap for those of us who didn't catch the whole thing or any of it, frankly, but yeah, britain's big film night. now it's time for the u.s. in a couple of weeks. >> besides that, plenty of other things we're looking at today. another day, another su
. siemens. answers. >>> it is time for final trade time. pete, kick us off. >> bank of america ready to break out and get towards 13. >> mtw, construction trade, i ththe going to continue to move. >> steve weiss. >> qualcomm, running a sale, time to get it if you don't own it. >> that does it for us live goldman tech conference in san francisco. "power lunch" starts now. >> hello. welcome to "power lunch." michelle caruso-cabrera. in for sue and tyler. apple ceo tim cook making big headlines. the fight with hedge fund manager david einhorn and cannibalization of the company's product. more on that fallout. >> also mead china factor, las vegas rolling out red carpet for chinese new year tourist, which casino stock stands to win big. >> "sports illustrated" swimsuit edition hits news stands today. i bet you already knew that. supermodel kate upton on the cover for the second year running. she's going to join us live here on "power lunch." we don't want to miss that. >> in the meantime, let's check the markets. we have dow 14,000 and climbing as things stand at the moment, apple is wei
as a u.s. senator from massachusetts. mr. president, i am proud to join my colleagues today in support of the violence against women act of 2013. i do so not just as a senator but as a mother of two daughters. this critical legislation has been held up for far too long, and it's past time for reauthorization. we have a serious responsibility to ensure that women and families are protected. the rates of violence and abuse in our country are astounding and totally unacceptable. according to a 2010c.d.c. study, domestic violence affects more than 12 million people each year. across the united states, 15 1/2 million children lives in homes in which domestic violence has occurred. and in my home state of north carolina alone, 73 women and children are killed on average every year because of domestic violence. let me say that number one more time. 73 women and children are killed every year due to domestic violence. these are alarming statistics, and we must act now to address them. since 1994, vawa programs, and in particular the stop program, that provides grants for services, training, of
about operas, books, and publishing by letting us on facebook at facebook.com/booktv or folacin twitter. up next, samuel graveyard use of our elected leaders of find the courage to reform the economy and government spending soon the u.s. could find itself in the same terrible economic situation as many european countries to. this is just over an hour. [applause] >> thank you for your introduction. it's a great privilege to be here. inviting the it council, in many cases the of many people here and heritage for very long time. and also admired the way that heritage works across policy areas so that you really do here and integrated message. not least among which, i think, is the attention of the heritage foundation to the power of culture, by which i mean people of beliefs, ideas, habits, expectations, and the way that these achieve some form of institutional expression. >> on this issue of culture and how it relates to the economy, the heart of my book, becoming europe. because the -- becoming europe is certainly about what has happened to your and why it is now regarded as the sick man
the u.s. patent office issued patent number 46,454. i will give you a pop quiz. it was simply labeled john deere plow. but the implement sketched out on the page could just as easily been labeled, as some historians have named it, one of the most important inventions in american history. they called it the plow that broke the plains, and it did. by replacing cast-iron with smooth steel, john deere's innovation opened up huge new swaths of land for cultivation. it made it possible for towns like aberdeen south dakota my hometown to exist. before it killing and maker took a grown man a full 24 hours. after it, it took as little as five. and every pile of soil overturned upended another assumption about what the land could produce. that, to my mind, has been the story, not just of agricultural success, but of national success. and, indeed, of global progress. this kind of game changing innovation has enabled us to leap ahead, to break the points, to increase harvest, and to frankly, feed the whole world. sometimes innovations come from the most advanced science, other times they
the memories of their fallen brothers, and to help us to remember why this country remains strong and free. how so few americans prevailed against so many, as to prepare for the citation, i will leave you with the words of clinton himself. because they say something about the army and something about america. they say something about our spirit, which will never be broken. "we were not going to be beaten that day. we will not back down in the face of diversity like that -- adversity like that. we're just going to win, plain and simple." god bless you, clinton romesha, and all of your team. god bless all who serve, and god bless the united states of america. with that, i would like the citation to be ready. >> the president of the united states of america, authorized by act of congress, march 3, 1963, has awarded in the name of congress the medal of honor to staff sergeant clinton romesha, u.s. army, force -- for conspicuous gallantry and intricately above and beyond the call of duty. clinton romesha this in which and self at the risk of his life above and beyond the call of duty while serving i
of the fact that was used to talk about the king is the fact that he was preventing people from coming to the country and being able to migrate here kyl and then if we look at the statue of liberty to give me your tired in your poor what i don't want people to take away from this hearing is all of a sudden we forgot about the tide of the poor and the people that are striving for a better life, so those are probably my biggest concerns when we what that he the president we sat and we have economic problems and we are getting out of them like we always do we and we will always prospered because we are resilient. but the question becomes what about the moral ground that we would see if we just said we are going to get about 11 million people and we are only going to focus on skilled workers we are not going to take care of this house and equal protection do you worry about that? >> i do. the fifth thing is our country is in a mess. we have a brain drain but not for the first time in history. it's never happened before. america has been a land. it is happening right now. if we wait to fix
for stocks. seems kind of strange. chad is kind enough to join us today. the stock market makes more sense for a number of reasons then the bond market. for nine weeks in a row, that is where the flows were going to. stocks over bonds. what do you think of this? >> this is an early trend. unfortunately, the trend, we do not think that will last very long. we are at a point in time where the market has had a heck of a run. the s&p is up 7% year to date. i think one has to be a little more cautious and take a balanced approach. connell: make a case for bonds. there is the run-up. why would you want to be in the bond market? >> i cannot make a very bullish case for being in the bond market. there is a reacceleration of global growth. you also have a very, very positive three months of good economic numbers that have come out. the market here is trading at 15 to 14 times multiple. it makes it a fair market value. connell: that brings up the larger question. the dow is approaching an all-time high. we are testing that. you are basically saying there it is, we will not quite get there. we will h
: a leaked document today put the spotlight back on lethal strikes by the u.s. government on u.s. citizens abroad. in response, top officials in the obama administration argued their actions are justified and legal. >> primary concern is to keep the american people safe, now do so in a way that's consistent with our laws and our values. >> ifill: attorney general eric holder today defended the justice department's rationale for authorizing the killings of americans overseas. >> we are -- we have as a basis for action that we take a congressional statute that allows us to operate against al qaeda and associated entities not only in pakistan or not only in afghanistan but in other parts of the world. we say that we only take these kinds of actions when there's an imminent threat, when capture is not feasible and when we are confident that we're doing so in a they's consistent with a federal international law. >> ifill: nbc news obtained a 16-page justice department white paper apparently prepared for congressional committees last summer that describes the obama administration's legal reasoni
explore the legal and other issues surrounding the u.s. policy. >> ifill: then, federal and state governments sue a credit ratings agency it says gave good ratings to bad rtgage investments. >> brown: ray suarez looks at president obama's use of campaign-style events to push his legislative agenda. >> ifill: hari sreenivsan examines a million-dollar match fixing scandal shaking the world of international soccer. >> brown: and playing with the enemy: we have the story of an orchestra of israelis and arabs coming together for music, and maybe more. >> the only way that we can achieve anything that is remotely related to peace is if we sit together and talk or if we at least try to. >> ifill: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> sailing through the heart of historic landscapes you see things differently. you get close to iconic landmarks, to local life, to cultural treasures. it's a feeling that only the river can give you. these are journeys that change your perspective on the world and perhaps even yourself. viking r
must end this uncertainty about this position. mr. president, it is time for us to end this debate. and that is what we will be voting on now. later on, there will be a vote on whether to confirm senator hagel. the vote now is whether to bring this debate to an end. i hope we will so we can get on to the nomination vote. i yield the floor. i think it's noon and time for a vote. the presiding officer: the senator's time has expired. the senator from oklahoma has 30 seconds remaining. the senator from oklahoma. mr. inhofe: let me say that we -- everything has been said, not everyone has said it. however, i would like to make sure that everyone understands that the actual statements that were made by the former senator hagel in terms of the relationship of our country with israel and iran prior to the time that he was nominated, because many of those statements were changed at that time. i encourage the no vote on cloture. the presiding officer: the time is expired. under the previous order, the clerk will report the motion to invoke cloture. the clerk: cloture motion, we the undersig
kernen and becky quick are reporting. i don't know if i use that word lightly, but from pebble beach in california this morning. we're thrilled to see them. they're going to be talking to a number of people in the world of business and politics. we'll talk a little golf, see how joe is doing out there. joining me in pseudo, our own steve liesman and book brusca. then in the next hour, jeremy siegel is going to join us on set to make his bullish case for the numbers and then, nemo, the powerful storm taking aim at the east coast. forecaster res warning it could be among the worst ever, more than two feet of snow possible in boston. many cities are telling residents, don't travel if you don't have to. airlines are now warning the blizzard could cripple travel and hundreds of flights have already been canceled. we're going to check in one on friends at the weather channel. just a couple of minutes for their latest forecast. also in the news, the justice department in multiple states reportedly discussing suing moody's for defrauding investors. any move likely to make a similar rival aga
regulations under heller, in my view, also covers bands and weapons designed for assault or military use, rather than for lawful civilian use. and the court did not nearly say that such regulations would ultimately survive second amendment scrutiny. it said that heller would not even quote cast its shadow of doubt on such measures should they be considered in the future. now we should have no illusions that adopted measures like these nationally will completely solve the epidemic of gun violence in america. more will be needed to we clearly need to address metal health issues as well as other potential contributors to gun violence such as violent video games, films that glorify murder and mayhem, and other aspects of our violent culture. but if we do nothing until we can do everything, we will all have the blood of innocent human beings on our hands, and we will besmirch the constitution in the process. just in closing let me say that our constitution, as many have wisely observed, does not make the perfect enemy of the good, and whatever else it is, it is not a suicide pact. a suicide p
for this call. then there's ncl corporation, cruise ship tax are red hot. tuesday brings us to the avon lady in the morning. direct selling has been under a lot of attack, as we know from herbalife. is andrew young still playing a role? hope not. mcgraw-hill also reports tuesday. well, well, well, talk about an earnings side show, let's listen to see how the analysts try to pry some news about the justice department's investigation of s&p's ratings of mortgage-backed bonds, as if anyone actually cares about the earnings. we get results from michael coors, too. we're thinking of developing a great gatsby index. we heard from ralph lauren that things are smoking in this category, not just good but great. can kors deliver? i bet this high end company will be right up there. i took my daughter there earlier this year. after the close we heard from buffalo wild wings. did the super bowl's extra time thanks to the power outage make this the best super bowl ever for buffalo wild wings? we heard from dominos. we need to know. they got a whole commercial about how overtime games make them more money.
. that keeps it from earning a decent return for doing nothing at the moment as you used to be able the ofor so long. i have said that the cash itself has gone from being a positive at a time when so many companies have stretched balance sheets to a negative as it generates a small return. i have suggested they put some of the cash to work, buying the growth that many feels like has been lost. perhaps buying twitter to be more moving aggressively into the social media. or netflix. or even somewhat fa she newsly itunes. all that said i never thought in a million years that somehow apple's become a bad actor. because of its conservative ways of handling its bank hoard. i have simply thought that it should be more creative at figuring out how to put it to use. never sue for them that. see -- ilorne said it reminds me of his depression era grandmother. he wants a annual 4% cash dividend. which he says could boost the faltering stock. at least by of late, several hundred dollars a share he thinks he can move it. let me say this. i run a charitable trust that as this a stock in apple and i'm hard pre
quite cranky with us for saying it but how about that? you can't say anything about iraq. he never saw iraq. it happened 30 years after he was gone. >> now i would like to add with what you began the book with which is in this most recent election in iran that when there was considerable consternation about how the election went, the state aired the lord of the rings in an effort to pacify people but he didn't have that effect. what happened to? >> the tremendous irony is that while the state, the ahmadinejad regime says they don't get many western movies. these movies are hotter than the sun and everybody is watching them. of course years after they came out of the west, they came out in early 2000 it was 2009, here is the irony. the seikh pokes the movies out there that they should have had some of their own people watch them very carefully. what the movies do, when the movies are about ursula freedom they argue in favor of democracy and on as practices and fair treatment as in a combination of injustice, they would hardly be something you would show people to try to calm them down.
streets safer. here are the numbers to call -- you can also find us online. send us a tweet. we can share that on the air. you can also find us online on facebook. or e-mail us. nbc's a recent story from news. currently 21 states and washington use automated cameras at traffic intersections to catch violations such as running through red lights and stopping overnight lines. do you have red light camera in your community? if so, what do you think about them? sheryl is a democrat in baltimore. caller: good morning. thanks for letting me on. i live in baltimore and i am not sure if everyone has seen the news, but our red light camera parked car got a $40 speeding ticket and the car was not moving for . we want to make sure the equipment works and is accurate. -- -- and the car was not moving for 30 seconds. host: new york city is accused of rigging red lights in a class-action lawsuit. new york city is facing a class action lawsuit. the city accused of rigging lights to catch more drivers and right more tickets. -- write more tickets. isidor is a republican in washington, d.c. caller: in d.c
the largest us airlines to ensure that you are more comfortable and connected than ever. we are becoming a new american. with multiple lacerations to the wing and a fractured beak. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doubt he'll be using his phone for quite a while cause like i said, he has a fractured beak. [ male announcer ] send the aflac duck a get-well card at getwellduck.com. >>> i'm jim cramer, and welcome to my world. >> you need to get in the game! firms are going to go out of business, and he's nuts! they're nuts! they know nothing! >> i always like to say there's a bull market somewhere -- >> "mad money," you can't afford to miss it. >> hey, i'm cramer. welcome to "mad money," welcome to cramerica. other people want to make friends, i'm trying to save you a little money. my job is not just to entertain you but to make you a little money.
us to this point. today after two months i think we're going to do something very positive and do it in a very bipartisan way. i think that's excellent. i think america will be advantaged. every american, women, yes, but every woman will be advantaged. house democrats support the fully inclusive re-authorization of the violence against women act which passed the senate by a bipartisan vote of 78-22, as has been referenced. the majority of republican senators and all republican women senators voted in favor. that bill represents a compromise. i urge my colleagues to defeat the partisan amendment version so we can pass the senate bill. i voted for the rule, which allows us that opportunity. let us take it. the change -- changes house republicans made in their version significantly weaken its provisions. i want to say some republicans. i want to make that clear. not all. and protecting victims of domestic violence and empowering law enforcement to keep our people safe from these crimes. the house republican bill owe mitts critical protections for native americans, for lgbt americans
. >> hopefully dollar yen will give us good fortune this week. >> your next chance for currency trade, sunday afternoon. have a great weekend. >>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> he's nuts, they're nuts! they know nothing. >> i always like to say there's a bull market somewhere. >> "mad money," you can't afford to miss it. >> hey, i'm cramer. welcome to "mad money," welcome to cramerica. other people want to make friends, i'm trying to save you a little money. my job is not just to entertain you but to make you a little money. so call me. call it a pleasant day with the dow gaining 4.9 points, nasdaq falling. we hear from annie's. now i got to tell you after the hammering that haynes celestial took, what is this company? a much more expensive natural food players have to say for itself? there is a gigantic short position in this company. could there be a more timely tell on the strength of the housing market and the rebuilding after sand see? total baited breath for this call. then there's ncl corporation, cruise ship tax are red hot. tuesday brings us
much for joining us this morning. >> thank you. >> and thank you, everybody, for joining us this morning. enjoy that long weekend. we will see you back here on tuesday. right now, it's time for squawk on the street. >> welcome, live from the new york stock exchange. jim cramer is off today. the u.s. session here, we just had empire state manufacturing crossing, turning positive for the first time since july. we see futures hugging the flat line pretty much. the s&p with a bias towards the green. in europe, the d-20 meeting is underway in moscow. your mixed bag as we have spain in the negative. japan's nikkei, that's one that's notable, dropping as yen strengthen for the fourth straight session. hang seng is wup and kospi is flat. >> our road map begins with a valentine that carl ichichan. it's the latest sell in the battle of the billionaires as the shorts feel the squeeze. >> apple emerges as the battleground stock with the likes of einhorn and tsiros and low, getting out. >> they are off the boat. passengers on the carnival triumph finally disembarked in mobile, alabama, b
start." thank you for joining us. i'm john berman. >> and i'm zoraida sambolin. >>> "starting point" with soledad o'brien starts right now. >> welcome, everybody. a developing story. bitter winter storm wreaking havoc across much of the country. roofs collapsing, drivers trapped and airports a mess two people are dead as record snow falls on the plains and flood warnings threaten the southeast. the storm turning out to be much worse than expected. live team coverage ahead. >>> and a new shocking investigation, "usa today" says there is a growing bioterror threat from within our own country. talking about diseases like anthrax and the plague. details in leave report. >>> new overnight, a hot air balloon carrying more than a dozen tourists explodes and crashes to the ground in egypt. also happening, one of britain's top catholic leaders speaking out about the grelatest scandal shocking the church. and a claim by a former friar that homosexuality is a ticking time bomb for the church. >>> we are all looking at itsly and why what's important for politic there is affecting what's happeni
for politic there is affecting what's happening in washington. >>> tom price will join us, the secretary of the navy, ray mabus, and sybrina fulton and tracy martin, trayvon martin's parents join us, along with their attorneys, benjamin crump, richard blais and makazive mandela. "starting point" starts now. we begin this morning talking about the devastating winter storm in parts of texas and oklahoma. already buried under more than a foot of snow. one local mayor says we have roofs collapsing all over town. we'll speak to him in a moment. highways and airports shut down. take a look at this photo taken by ireporter philip prince, an instructor too, spent eight hours stuck in his rig on interstate 40 east of amarillo, texas. two people have been killed. one on an ice-slicked road and another after a roof collapsed from the weight of the snow. severe weather is expected as far as florida. the massive system tracking to the north and east. wisconsin, michigan, illinois, all in its path. jennifer delgado is tracking the storm. erin mcpike is live in kansas city. we'll start with you. >> we'
. thank you for being with us on the "washington journal." the speaker pro tempore: the house will be in order. the chair lays before the house a communication from the speaker. the clerk: the speaker's room, washington, d.c., february 14, 2013. i hereby appoint the honorable chris collins to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: pursuant to the order of the house of january 3, 2013, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. the chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip limited to five minutes each, but in no event shall debate continue beyond 11:50 a.m. the chair now recognizes the gentleman from oklahoma, mr. mullen, for five minutes. -- mr. mullin, for five minutes. mr. mullin: mr. speaker, i ask unanimous consent to address the house and to revise and extend. the speaker pro te
. if i were to walk outside my home and go down the street and used it for any purpose, i would face one year in jail and $1,00a while ago was speaking out about getting guns across state lines. i know he probably doesn't deserve one, but how does he protect himself? you said a convicted felon should not have a gun, ever. host: we have a lot on the table, what is your response to the coat caller? guest: i was just saying that as a society, convicted felons lose their constitutional right to bear arms. i just don't see that changing. it is hard pressed to know what is in the heart of a convicted felon. it is about decisions and the consequences to it. to clarify what i said about children, lots of families take their kids to the range early. they also teach them to hunt early. not encouraging families, i just don't think you should keep guns a secret. i think by doing that, you keep a curiosity. keep your gun locked up, explained to them the basic safety. point in a safe direction. if they get curious or break into your safe, they will have all the safety things in place. ownerson the gun
and facebook posts. >> u.s. chamber of commerce ceo tom donahue on the economy and deficit reduction. he talked about immigration reform and the role of the private sector in promoting economic growth. the manhattan institute is the host of this hour-long program. >> president of the manhattan institute, it is my honor to introduce tom donohue, president of the u.s. chamber of commerce. [applause] it was in 1997 that tom donohue became president and ceo of the u.s. chamber, and he has built the chamber into an unparalleled lobbying and political powerhouse. has quadrupled the chambers' budget and added hundreds of thousands of new members during his tenure, policy experts and legal advocates have helped influence regulatory agencies and politics and in the court of public opinion and governments around the world. one of his credibility is is the neck to identify key issues will ahead of the curve. he has aggressively against american jobs and growth agenda, a plan that -- advance the american jobs and growth agenda, a plan that includes rebuilding infrastructure, combating an avalanche of new r
encapsulates just about everything that's driving us higher, much higher than people believed possibly coming into 2013. intrigued? all right, so what did we hear today? we heard as january goes, so goes the rest of the year. we know that of the 11 times since 1950 that the s&p 500 was up more than 5% in january, like this one, we had spectacular advantage for the rest of the year, 10 out of 11 of those times. let me tell you why my super bowl indicator could foretell why we may make 2013 the 11th of 12 years we've been up big after a bountiful january. it's not if the afc wins, the market goes higher, knucklehead prognostications. we don't let that kind of thinking going on on "mad money." no, my theory's based on geographical metaphors. the first, baltimore, home of the ravens. ironically named after the raven, written by edgar allen poe, also coincidentally the author of the purloined letter. when you think of baltimore, you think of grit, of old line businesses that make things, smokestacks, yes, aging, but still powerful american industrial and manufacturing might. then there's san franc
think it will last? >> when you are up against a near zero interest rate, although models that you used to value things create huge numbers. the opposite of zero is infinity. we know the stock market cannot go up forever. we could be substantially higher over the next couple of years. the upward bias is strong. a little economic news and it gets stronger. you have a mixed economic picture. what we do have is this constant said policy. a very, very low rate. it is very bullish. melissa: it does not matter that we saw the economy contract in the last quarter of last year. back, you know, the consumer is worried about the tax increase that just got 77% of us at the beginning of the year. that does not matter to stocks. maybe those things are positive because it keeps the fed doing what they are doing. >> you said it perfectly. if you line up the things that you just listed, what they say is the policy is extended out. it will take robust economic growth to contract the time and they now have some stashed studies that extend that time. who knows whether it is 2017, 19 or 20. the next couple
be a threat? also in a few minutes u.s. senate expected to vote on chuck hagel president obama's controversial nominee for defense secretary. we'll bring to it live. more on what's going on in egypt right now. a holt air balloon carrying lots of tourists explodes and plummets to the ground. we're finding out how this could happen. we're going live to egypt. i'm wolf blitzer. you're in "the situation room." >>> we begin with the huge winter storm, the national weather service is now calling historic. cities like amarillo, texas, wichita, kansas have broken snowfall records. 45 million in 21 states are being affected one way or another. the storm is blamed for at least three deaths. look at this. it's even dangerous after the storm blows away. in kansas city, the heavy wet snow is causing roofs to collapse. nobody was hurt in this building. but the snow is also bringing down tree limbs on to power lines. in kansas city thousands of people are reported without power. george, what's going on? >> reporter: this is par for the course here in the midwest. this is the second time in a week that this r
and defense. improving these things would do a lot more than just saving money. like 1996 that helped put us on a path to a balanced budget, smart welfare reform will help americans rise out of poverty. that's what i want to see. i want to see more people out of poverty and strengthen families, charity and community. we must talking honestly and compassion about these issues. i would like to take a moment to address some comments, senator murray, that you made recently, that republicans are committed to, quote, protecting the rich above all else. and are only interested in starving programs, i'm quoting, that help middle-class families and the most vulnerable americans. that hurts my feelings. that's not what i believe in. i believe we have to have an economy that's growing, creating prosperity and need to help poor people get jobs and move forward in their lives, not dependent, ever dependent on more and more government checks, handouts and programs. that would be the way to save this country, in my opinion. that's the way to help poor people and i resent the fact that those of us who have
of a job at minimum wage. that's the kind of story your parents used to tell. lucky i met him. >> the teen's boss even picks him up for the first day of work. next the bad. a chinese government official caught on camera trashing an airport boarding gate ripping up computers and trying to smash a sign through doors. police say he was mad because he missed his flight. the ugly. a car crashing through the roof of a house in texas. police say the driver was going over 90 miles an hour, lost control and went airborne crash landing through the roof. the driver and everyone in the house walked away unharmed. >> time for your brew on this question of the day responses. earlier in the show we told you about how children in massachusetts are being sent home with so-called fat letters telling parents their children's body mass index with instructions on how to deal with weight issues. >> we want to know if you think these letters are fine are over the line. jack says over the line. tony says they are truth letters instead of getting mad they should take action. treat it as an opportunity to break the
and giving us great comments. i want to yield to our policy chairman and our republican conference, somebody that comes from the great state of oklahoma, somebody that has great experience in managing people. i think he ran a youth camp, the largest youth camp in the united states, if not the world, and i'm afraid to tell you how many people i let mr. lankford do that. but i'd like to recognize the gentleman from oklahoma, our policy chair, mr. lankford. mr. lankford: thank you, mr. westmoreland. it's an honor to be able to stand in front of this house today. we talk about families all across america right now struggling with their own finances. they're sitting at a dinner table this evening because they have run out of paychecks and they're struggling through just the basics of how they're going to do life. because they're in debt and they're struggling day-to-day. they will make decisions to be able to put their house in order and to be able to resolve where they're headed as a family because they don't want to be a family that's going to live heavily in debt. because once you're in debt a
. instead of using our military men and women as campaign props, the president was serious, he'd sit down with harry reid and begin to address our problems. >> this is not the time to be campaigning. this is the time to solve something. he's going on the road tomorrow 150 miles away to again hype this up, try to scare the american public when he could go one mile down and talk to harry reid. >>brian: i would say two things happened happening. one, the republican house yesterday voted to fund the neil armstrong flight research center. they should be focusing on this. they should be saying these are the programs i put forward last year, what i'm urging the president to push. on the other side, i think it is a great move which governor scott walker brought up yesterday. republicans are saying i like to give the president the power to levy the cuts as he sees fit. so the $85 billion does not have to cut to the bone. you could do it in a way that would provide less pain. >>steve: it's not going to cut to the bone. the president described it as a meat cleaver because it is an across-the-board c
these politicians are basing their assumptions on as far as hagel is concerned. he used to be a parity decent sounding person -- decent sounding person. he is not making sense anymore. thank you. host: isaac from new york, democrat line. caller: good morning. i just wanted to comment on hagel and the perspective of young democrats. to hear this man talk was really astounding. i am quite critical of the obama administration in terms of things i have done. in terms of hagel's nomination, i am very impressed. his views on foreign-policy almost seemed to dip -- too far beyond this era. my only feel is that the political parties will bring this ideology down simply because a lot of people are not prepared for it. thank you and have a good day. guest: i think -- i would beg to differ about the too far beyond this era. i had the privilege of working for former secretary of state george schultz. in my estimation, senator hagel's views are consistent with secretary schultz, whom i think is one of the giants of our time. i think they have the same sort of outlook of trying to be pragmatic and take a lo
martha: we're working on getting more information on u.s. gold medalist lindsey vonn. she is a four-time world champion. the event that was going on in austria, she had a crash. she said it was very foggy. it was delayed a couple hours. three out of the other four top racers did not finish the race. on the left-hand side of the screen you can see her being airlifted. when she got up, she stumbled. they think it is a right knee injury. she was in very dramatic fashion airlifted out of there hopefully we will get you video. she is a awesome skier. incredible one. >> that will do it for us. and "happening now" begins right now. martha: bye, guys. jenna: right now brand new stories and breaking news. jon: drivers beware. gas prices on the rise again, hitting numbers we've never seen this time of year. any relief in sight? >>> plus a dramatic ending to a hostage standoff that gripped the nation. the police storm an underground bunker to save a little boy two days before his sixth birthday. we'll tell you how he is doing today. >>> a bizarre ruling from the bench that is father of four ca
better shape to meet the needs of the banking clients in their community. right now, they are telling us, it is not so much too big to fail. they are worried about the cost of dodd frank, which would involve hiring a staff of people to do the work and they say that the big banks can do that better. we hope that congress would look at that. there are a number of other things in the regulatory area that are bad. if they carry it further, it will make it dangerous for community banks to get any in the game. if congress will look at what the real needs are in the banking sector and and perhaps make it a lot easier for community banks, we certainly would like to see them thrive. it is not, from what i hear, that they are too big to fail. they are too small to compete with regulators. >> take a look at the material -- the gentleman who asked the question -- it begins on page 53 or so of the report or its bills of the scale and the hope that this could reach very deeply into institutions. barry, you had a thought on this question? barry is with the commission and, it is with the consumer federa
. but at the same time there is a civilian who used to teach history at west point is written in study after getting the courage at the enterprise institute. they would get the study into the white house directly to president bush, to the pentagon to the secretary of defense to some of the support and it's an eyebrow so that basically by the time petraeus becomes the top commander, everything is all lined up. it's lined up so that he can go in and impose the strategy that he wants to impose in the united states government this isn't a coincidence. it's been very exquisitely coordinated. >> you can watch this and other programs online at book tv. >> up next on book tv, samuel argues if our elected leaders do not find the courage to reform the economy and government spending soon, the u.s. could find itself in the same terrible economic situation as many european countries do today. this is just over an hour. >> coming to speak at the heritage foundation today it is a great privilege to be here. i've always been a great admirer of heritage and the council in many cases the friendship of many people at
video. she is a awesome skier. incredible one. >> that will do it for us. and "happening now" begins right now. martha: bye, guys. jenna: right now brand new stories and breaking news. jon: drivers beware. gas prices on the rise again, hitting numbers we've never seen this time of year. any relief in sight? >>> plus a dramatic ending to a hostage standoff that gripped the nation. the police storm an underground bunker to save a little boy two days before his sixth birthday. we'll tell you how he is doing today. >>> a bizarre ruling from the bench that is father of four can not have anymore children. is that legal? we'll get into it. it is all "happening now." jon: a brand new look at one of the most secretive and controversial policies of the obama administration. good morning, i'm jon scott. jenna: hi, everybody. glad you're with us today. i'm jenna lee. these reports are surfacing of a confidential justice department memo that authorizes the killing of american citizens overseas in drone strikes. now there's a caveat. the killing is allowed if they're leaders of al qaeda or a assoc
't allow that. look, this is very painful for us because it involves our employees, but it's going to be very painful for the flying public. as a former member of congress, i heard complaints all the time from my constituents when their flights were delayed or when their flights were cancelled, and this is going to have an enormous impact. >> could you clarify why the flights will be delayed? is it a matter of mileage between flights? >> because we're going to reduce the number of controllers, which will reduce their ability to guide planes in and out of airports. >> so more distance between planes -- landing distance -- >> well, it's going to reduce the number of controllers, which will reduce their opportunity to guide the same number of planes that they would ordinarily do at full capacity. >> how about tsa implications? >> tsa is under homeland security. we're not -- that's a different lane. >> your total budget at dot is, what, $70-some billion? >> $70 billion, in round numbers, yes -- 55,000 employees. >> so help the public understand a billion dollars cut. you've got a big b
>> skills every woman should have. >> lessons in self-defense. >> jane pauley is also with us. we have a busy day. >> have an awesome thirsty thursday. we'll see you for dry day friday. >> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going to go out of business and he's nuts! they're nuts. they know nothing. >> i always like to say that there's a bull market somewhere. >> "mad money," you can't afford to miss it. >> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you a little money. my job is not only to entertain you, but to teach and coach you, so call me at 1-800-743-cnbc. what the heck do people want out of a company? what do people want out of a stock? how come you're not asked that when an activist is suing the best performing company of our lifetime? isn't that what we have to consider today, on a day when the nasdaq lost .11%? let me set the stage for people who may not be up on what's happening. before i answer these incredibly important questions i just laid out
panetta said it would be irresponsible for the congress to allow it to happen. many of us agree, it must be avoided. but apart from that challenge in the next month, or series of months, the long-term outlook for the department of defense is that it must do more with less, and secretary hagel, if he is confirmed, will have that management task, and he is one of the people in this country who is almost uniquely qualified to carry it out. and i believe that he will with great distinction. he will take care of our men and women in uniform and strengthen our national defense, he will do what he thinks is right even if it's not popular, and he is, finally, as everyone has said, a good and decent man. i thank in particular senator mccain for his very compelling and telling comment during our consideration before the vote in the armed services committee. he said -- and i agree -- no one should impugn chuck hagel's character. he's a person of integrity and character. and i believe that he will have the respect at all levels of our defense, men and women who serve and sacrifice every day, men and
forward to seeing. take a look. >> i want to see al roker. i used to watch him like every day before school. >> of all the people you could possibly see, al roker? >> it means something to me personally. >> what does he mean to you other than what's happening in your neck of the woods? >> actors are great but i love al roker. >> every morning he's happy. >> i can be al. here jennifer is what's happening in your neck of the woods. >> hey! okay. >> not bad, mr. roker. >> no. >> well, you know, i got to meet her and interview her for the golden globes, you know, last year. or earlier this year. very sweet -- >> never gotten over that. >> she had the flu so i think she's delirious. >> did you get to see her again last night? >> i did get to talk to her gep on the red carpet. very sweet young lady, but it explains why she tripped on the stars. >> seriously. >> favorite with hollywood it girls everywhere. we'll have more on the oscars. >>> but we're following breaking news coming out of the vatican this morning, include iing some rules from pope benedict that change how they pick his repla
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